Did you read right? A clutch purse that's actually practical? Has Lovcat achieved the impossible? Well bagistas, I think they might have.

This surprisingly functional evening bag is wrapped up in metallic gunmetal leather. This is a clever shade, as it's got all the glitz of silver without that ostentatious flash. For fashion followers, it's even got a smattering of studs. Lovcat keeps the metal to a minimum though, so we get a bit of contemporary style without sacrificing the purse's classic appeal.

While there's a lot to love about the exterior, it's probably not showy enough to really capture our imaginations. That job is left to the interior, which is surprisingly spacious with clever features to match. Most designers throw a token open pouch into their clutch purses, a useless feature that can hold little more than receipts. But not Lovcat, who gives this clutch a pair of usable pockets, including one with a zip.

Add a long golden drop-in chain, with attractive rectangular links, and you've got one very appealing package.

Considering Lovcat's profile this purse's $169 price tag is on the high side, but I think this underrated label has done enough to command the big bucks.